India’s Gaming Revolution: From USD 1.54 Billion in 2023 to an Anticipated USD 8.92 Billion by 2030
In a remarkable surge, India Gaming Market is poised for unprecedented growth, soaring from a valuation of USD 1.54 billion in 2023 to a projected USD 8.92 billion by 2030, marking a robust Compound Annual Growth Rate (CAGR) of 28.5%. This meteoric rise is fueled by a confluence of factors, including widespread smartphone use, affordable internet access, and a burgeoning tech-savvy youth demographic.
India Gaming Market Overview:
India Gaming Market research report by Maximize Market Research (MMR) offers top-notch market analysis. The report includes a list of major competitors, providing strategic insights and analyses of key factors impacting the India Gaming industry. In-depth research covers a diverse range of markets, marketing strategies, trends, prospective future products, and emerging opportunities, resulting in highly informative market reports.
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India Gaming Market Report Scope and Research Methodology:
The research provides India Gaming market insights to industry stakeholders, explaining complex statistics in simple terms, and covering the industry’s history, current status, and expected size and trends. The report analyses all industry segments, with a focus on key companies, including market leaders, followers, and new entrants. Each region receives a detailed PESTLE analysis. The report serves as an investor’s guide, offering a comprehensive view of the competitive landscape of key companies in the India Gaming Market, covering goods and services, revenue, financial status, portfolio, growth strategies, and geographical presence.
India Gaming Market Regional Insights:
India Gaming Market Segmentation:
by Type
Casual Games
Real Money Games
Online Fantasy Sports
E-Sports
Others
Depending on the Type of Game In 2022, casual games were the most popular game type segment. It is anticipated that during the forecast period, they will account for the largest revenue share of the market. Over the course of the forecast period, real money games are anticipated to grow at a noteworthy CAGR of 5.6%. By 2030, there will be 657 million users, a more than 50% increase from the current 433 million. Online games that players play for entertainment purposes include casual games, real-money games where players wager real money, online fantasy sports where players create fictional teams and earn prizes based on points earned, and e-sports, which are professional gaming competitions where players compete for cash.
by Category
Action
Shooter
Role-Playing
Sports
Others
In terms of category, the Action segment held the largest share of 25% in the gaming market in India in 2023. At the conclusion of the forecast period, the segment is anticipated to continue growing at a CAGR of 6.8% and to continue dominating the market. Action games, with their variety of subgenres such as first-person shooter, battle royale, and hack-and-slash, appeal to thrill-seekers with their heart-pounding excitement. Games like Call of Duty Mobile and PlayerUnknown’s Basketball Mobile, which are tailored for mobile devices in India, do well in sports scenes.
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India Gaming Market Key Players are:
1. Hyperlink InfoSystem
2. Sony Corporation
3. Unanimous Studios
4. Nintendo
5. Scientific Games
6. Microsoft Corporation
7. Griptonite Games
8. HData Systems
9. GSN Games
10.Nimblechapps
11.Rolocule
12.Nautilus Mobile
13.Electronic Arts
14.Timuz
15.Nazara Technologies
16.Spartan Group
17.Zensar Technologies
18.White Widget
19.TCS
20.Fgfactory
21.Scand
22.HData Systems
23.Dream 11
24.99 Games25.
Key questions answered in India Gaming Market are:
- What is India Gaming?
- What are the recent industry trends that can be implemented to generate additional revenue streams for India Gaming Market?
- Which factors are the lucrative opportunities for the India Gaming market growth?
- Which factors are limiting the scope of India Gaming market?
- How is the intervention from regulatory authority is shaping the India Gaming Market?
- What growth strategies are the key players considering to increase their presence in India Gaming Market?
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Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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